GBP/USD offers its recent gains registered in the previous session, trading around 1.2940 during the Asian hours on Wednesday. The pair depreciates as the US Dollar gains momentum on strengthening Trump trades as the voting favored Republican candidate Donald Trump in the US presidential election
The Relative Strength Index (RSI) indicator on the 4-hour chart holds above 50 but GBP/USD is yet to flip the 100-day Simple Moving Average (SMA), currently located at 1.2980, into support, suggesting that buyers remain hesitant.
The Relative Strength Index (RSI) indicator on the 4-hour chart holds above 50 but GBP/USD is yet to flip the 100-day Simple Moving Average (SMA), currently located at 1.2980, into support, suggesting that buyers remain hesitant.
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Gold signal
t.me/ProTrader_9
My Channel Link
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Check My Performance
t.me/ProTrader_9
My Channel Link
t.me/ProTrader_9
Check My Performance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.